tag:blogger.com,1999:blog-5587346.post2927848814327772606..comments2024-02-15T13:20:14.813-06:00Comments on Gordon's Notes: Investment in a whitewater worldJGFhttp://www.blogger.com/profile/14580785981874040314noreply@blogger.comBlogger6125tag:blogger.com,1999:blog-5587346.post-8884916569153411012011-10-22T11:29:37.246-05:002011-10-22T11:29:37.246-05:00Great comment on Benford's Law. I have that in...Great comment on Benford's Law. I have that in my post queue to comment on. It is concrete, and strong, validation of what I suspect but can't prove -- that corporations have figured out how to destroy the signaling value of accounting statements.<br /><br />The signaling problem with index funds has been long feared. I haven't seen anyone comment on it lately, but there's really JGFhttps://www.blogger.com/profile/14580785981874040314noreply@blogger.comtag:blogger.com,1999:blog-5587346.post-47747481621628016942011-10-12T17:11:51.939-05:002011-10-12T17:11:51.939-05:00More problems in accounting are illustrated by thi...More problems in accounting are illustrated by this blog post:<br /><br />http://econerdfood.blogspot.com/2011/10/benfords-law-and-decreasing-reliability.html<br /><br />The idea is that the distribution of numbers seen in accounting statements of companies is increasingly divergent from what you'd expect if they were honest. This definitely provides evidence that financial statements are Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5587346.post-17233838322131452822011-10-09T22:00:19.835-05:002011-10-09T22:00:19.835-05:00My wife agrees with you!
For sure I won't get...My wife agrees with you!<br /><br />For sure I won't get a lot of money to play with. Maybe my teaching stipend.JGFhttps://www.blogger.com/profile/14580785981874040314noreply@blogger.comtag:blogger.com,1999:blog-5587346.post-77791063447731031042011-10-07T13:34:42.633-05:002011-10-07T13:34:42.633-05:00I think options will just make you easier prey for...I think options will just make you easier prey for the big guys. At least with an index fund, they can only drain you slowly.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-5587346.post-85717490887507527802011-10-07T12:17:24.023-05:002011-10-07T12:17:24.023-05:00I agree. This level of work has real impact on my ...I agree. This level of work has real impact on my ability to do economically productive work, stay health, etc.<br /><br />Even the upper middle class has been locked out of the cash flows of 2011 capitalism. We are indeed member of the 99!<br /><br />These are not good times.JGFhttps://www.blogger.com/profile/14580785981874040314noreply@blogger.comtag:blogger.com,1999:blog-5587346.post-23542393091643411302011-10-07T11:25:39.156-05:002011-10-07T11:25:39.156-05:00I don't think it is possible to invest in the ...I don't think it is possible to invest in the way you suggest in a low-knowledge low-expertise low-time-investment way. If you have a full time job doing something else, then I think that those are requirements for any investment strategy. Index funds may no longer be as useful as they once were, but it is still the only game in town for amateurs like us.Anonymousnoreply@blogger.com